On Tuesday, Amicus Therapeutics, Inc. (NASDAQ:FOLD)’s shares inclined 1.44% to $14.12.
Amicus Therapeutics, Inc. (FOLD) was a big mover last session with its shares rising nearly 8% on the day. The upside was owing to the company’s pricing of an underwritten offering of 16,981,132 shares of its common stock at $13.25 per share. The gross proceeds from the offering are predictable to be $225 million. In addition, Amicus has granted the underwriters a 30-day option to purchase up to an additional 2,547,170 shares of its common stock. This led to far more shares changing hands than in a normal session. The move continues the recent uptrend for the company, as the stock has gained over 37% in the past one-month time frame.
This biopharmaceutical company has seen no estimate revisions in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Amicus Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for various rare and orphan diseases. Its product candidate is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease. The company’s development programs comprise next-generation ERTs for lysosomal storage disorders (LSDs), such as Fabry disease, Pompe disease, and Mucopolysaccharidosis Type I. It also develops pharmacological chaperone migalastat HCl as a monotherapy that has accomplished two Phase III global registration studies for Fabry disease; ATB200, a recombinant human acid-alpha glucosidase that is in late preclinical development for Pompe disease; and AT3375 for the treatment of Parkinson’s disease.
VASCO Data Security International, Inc. (NASDAQ:VDSI)’s shares dropped -1.56% to $34.09.
VASCO Data Security International, Inc. (VDSI) a global leader in authentication, electronic signatures and identity administration, declared recently the launch of its newest weapon to identify and mitigate hacking attacks. IDENTIKEY Risk Manager (IRM) is a comprehensive risk administration solution that improves the methods and speed with which organizations can detect fraud. IRM also allows organizations to perform more security functions in the background, reducing the security burden on their customers.
IDENTIKEY Risk Manager combines sophisticated, real-time risk analysis, multi-channel transaction monitoring and risk-based authentication to deliver an innovative solution for fraud prevention and compliance. IRM identifies and scores risks in real-time and at critical steps to determine risk levels and initiate protective action when suspicious patterns are identified. VASCO attained the core technology of IDENTIKEY Risk Manager with its 2014 acquisition of Risk IDS, Ltd., a provider of risk-based authentication solutions to the global banking community.
VASCO Data Security International, Inc., together with its auxiliaries, designs, develops, markets, and supports hardware and software security systems that manage and secure access to information assets worldwide. The company offers VACMAN Controller, a host system software authentication platform that combines technologies in one platform; IDENTIKEY Authentication Server that adds server functionality to the VACMAN core authentication platform; DIGIPASS as a Service, a cloud-based authentication service primarily for enterprise customers; and MYDIGIPASS solutions for end user authentication in the cloud.
At the end of Tuesday’s trade, Autodesk, Inc. (NASDAQ:ADSK)‘s shares dipped -0.84% to $54.09.
Autodesk, Inc. (ADSK) declared that Amar Hanspal, Senior Vice President, IPG Product Group, will present at the Nasdaq Investor Program in London, Tuesday, June 30 at 2:45 p.m. British Summer Time. A live webcast, replay and podcast of the presentations will be accessible through Autodesk’s Investor Relations Website at www.autodesk.com/investors. Please go to the Website at least 15 minutes early to register, download and install any necessary software. For more information, please call Autodesk Investor Relations at 415-507-6705.
Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that provide model-based design and documentation systems; Autodesk Infrastructure Design Suites; AutoCAD Civil 3D products that offer a surveying, design, analysis, and documentation solution; and AutoCAD Map 3D software, which offers direct access to data needed for infrastructure planning, design, and administration. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a computer-aided design application for professional design, drafting, detailing, and visualization; and AutoCAD LT, a professional drafting and detailing software.
L Brands Inc (NYSE:LB), ended its Tuesday’s trading session with 0.82% gain, and closed at $87.58.
As part of its ongoing commitment to return value to shareholders, L Brands, Inc. (LB) declared that it’s Board of Directors has authorized a new $250 million share repurchase program, which comprises $0.6 million remaining under its previous $250 million share repurchase program.
L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products comprise loungewear, bras, panties, sleepwear, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners.
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